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Re: tradermagee post# 4913

Wednesday, 10/26/2016 7:07:34 PM

Wednesday, October 26, 2016 7:07:34 PM

Post# of 8022
This is an artificial support level as Cowen exercises "At The Market" distribution. See ChiOsc on daily chart.
We had one institutional buyer 70K in the first 5 minutes of trading at the open. On the intraday chart OBV jumped and stayed at a new level. On the daily ChiOsc is flat.
Retail absorbed the rest of the 63k volume money about $148,000 and this has put AccumDist continuing it's 4 day climb.

On the daily chart MFI at least is not dropping like a rock and is showing signs of climbing to 50. Retail likes closing paint on the intraday candle.

On Monday afternoon I sold 11,500 of low floater INQD and reentered VCEL 3,000 at $2.38. I lucked out fill between the .35 and .40! Getting too close for November 9 and possibility of a breakout before the event.






Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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